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Put your money where your mission is: Can your investments and super work
for a better world?
Adam Verwey Business Relationships Manager
Australian Ethical
For 98% of money invested in Australia:
“Labour standards or environmental, social or ethical considerations are not taken into account when selecting, retaining or realising an investment for members.”
Q. Super funds have an obliga5on to act in the long term interests of their members. In your view, is the meaning of “long term interests”…
Restricted to just the financial return 36%
Inves7ng in companies that behave ethically … as well as providing financial return
41%
Not sure 23%
$1.5 Trillion
From our NFP People survey... What type of investments do you think your
stakeholders would like you to avoid?
– Coal mining, fracking, native forest logging, environmental degradation
– Armaments
– Tobacco
– Child labour
– Big pharmaceutical
From our NFP People survey... What type of investments do you think your
stakeholders would like you to support?
– Environmental sustainability, renewable energy
– Green buildings
– Indigenous rights and employment
– Companies that don’t exploit workers
– Ethical treatment of animals
9/4/13 7
An independent fund manager
Over 25 years of ethical investing, established in 1986 to pool investor savings to create a more fair and sustainable society
7 managed funds and a superannuation fund
We manage approximately $700 Million
Over 20,000 investors and super members
More than 120 diverse environmental and socially responsible investments
Recognised domestically and internationally for our rigorous approach to responsible investment
Canberra and Sydney offices
10% of profits are donated to non-profit organisations annually
Different ways of doing ethical investment!
• Best of Sector does not avoid any sector or stock and favours best performance in each sector
• Negative Screen avoids investment in certain sectors and stocks
• Corporate Engagement/Shareholder Activism attempting to engage corporations at a board level or using proxy voting to make change
• A Positive Approach actively seeks to identify and support beneficial endeavours
How is Australian Ethical different?
Areas excluded include • Armaments • Repressive Regimes • Tobacco and Alcohol Production • Uranium Mining • Rainforest/Old Growth Logging • Native Forest Wood-chipping • Animal Exploitation • Gambling • Genetically Modified Organisms • Polluting Industries • Coal fired energy generation, coal seam gas
• Recent Examples – divestment of Origin Energy and TOMRA
Areas supported
• Recycling and Waste Management • Renewable Energy • Efficient Energy Use • Resource and Water Conservation • Socially Responsible Investment • Green Buildings • Sustainable Timber Production • Healthcare and Well-being • Workplace Relations • Education • Efficient Transport • Green I.T. • Sustainable Products and Services
9/4/13 12
How Australian Ethical portfolios differ
More invested in
– renewable energy, energy efficiency
– healthcare
– efficient transport
– biotechnology
– communication and information technology
Less invested in
– resources
– large banks (corporate focus)
More Small/Mid sized companies September 4, 2013
Who we invest in
SunPower Carnegie Wave Energy
Aixtron
Vestas
Sims Metal
Who we invest in
Herman Miller
Cochlear Avita
Doing well by doing good
No need to sacrifice returns...
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